New Brunswick. Regional Development Corporation | Total Development Fund

Description

The Total Development Fund (TDF) supports provincial priorities as well as sector/industry-wide initiatives that optimize development, improve productivity, accelerate growth, and/or enhance competitiveness across key sectors/industries.

Projects supported with this fund must be linked to a regional or government priority and/or a departmental strategy and be able to demonstrate an economic benefit to the applied sector/industry or to the province in the following categories: Increased Efficiency and Productivity - increased adoption and adaption of new and innovative practices and technology by the private sector; Strategic Infrastructure - support infrastructure initiatives that increase development and competitiveness in key sectors; Research and Development - emphasis will be on applied research that focus on commercial objectives regarding products or processes for the benefit of the sector being targeted; Strategic Sector Initiatives - support government priorities of the day as recommended by line departments and government.